3012 E Parulo DrMeridianID83642
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Meridian at 3012 E Parulo Dr, Meridian, ID, 83642 earns from $2,908/mo rent with a $5,555/mo payment. Total monthly income totals $2,908/mo. ROI tracks 8.28% on current figures, and rental yield reads 3.07% at a $1,135,000 purchase. Equity gained on principal adds $7,324/yr, and 5% annual appreciation supports $313,580 over five years. Five-year ROI reaches 39.91% and total cumulative return in cash sums $146,752. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,908/mo property income instead of your personal income.
Single Family
Built in 2023
8,450 sqft lot
$N/A/sqft
$1,000 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 83642, Meridian, ID area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 28,815 (100%) |
| Owner Occupied HU | 18,304 (63.5%) |
| Renter Occupied HU | 8,350 (29.0%) |
| Vacant Housing Units | 2,161 ( 7.5%) |
| Median Home Value | $613,863 |
| Average Home Value | $648,071 |
Housing Distribution
Address Breakdown
Residential
26,118
Single Family
24,576
Multi-Family
1,542
Businesses
2,346
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Listed by: Lysi Bishop • Keller Williams Realty Boise
Mls Name: IMLS
Mls Provider:
Mls ID: #98953756
Disclaimer: IDX information is provided exclusively for consumers personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IMLS does not assume any liability for missing or inaccurate data. Information provided by IMLS is deemed reliable but not guaranteed.